# Section 1 8N 6W
**URL:** https://www.mineralrightsforum.com/t/section-1-8n-6w/26344
**Category:** Grady County, OK
**Created:** [November 22, 2017, 5:41pm UTC](https://www.mineralrightsforum.com/t/section-1-8n-6w/26344 "2017-11-22T17:41:07Z")
**Posts on this page:** 5
**Page:** 1
### Author:  [@Gale\_Adams-Davis](https://www.mineralrightsforum.com/u/Gale_Adams-Davis)
#### Post date: [November 22, 2017, 5:41pm UTC](https://www.mineralrightsforum.com/t/section-1-8n-6w/26344/1 "2017-11-22T17:41:07Z")
Does anyone have news about the drilling taking place by TPR on Section 1 8N 6W?
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### Author:  [@Justin\_A](https://www.mineralrightsforum.com/u/Justin_A)
#### Post date: [December 10, 2017, 3:18am UTC](https://www.mineralrightsforum.com/t/section-1-8n-6w/26344/2 "2017-12-10T03:18:17Z")
I know the drilling manager for TPR. What do you want to know?
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### Author:  [@Gale\_Adams-Davis](https://www.mineralrightsforum.com/u/Gale_Adams-Davis)
#### Post date: [December 10, 2017, 2:54pm UTC](https://www.mineralrightsforum.com/t/section-1-8n-6w/26344/3 "2017-12-10T14:54:04Z")
I have been trying to sell my mineral rights for that portion. I own 7.8 acres. Where are they in the drilling process? I have been told to ask for 3-4 times more than the going lease amounts which are 6,000.
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### Author:  [@Justin\_A](https://www.mineralrightsforum.com/u/Justin_A)
#### Post date: [December 10, 2017, 4:18pm UTC](https://www.mineralrightsforum.com/t/section-1-8n-6w/26344/4 "2017-12-10T16:18:26Z")
That figure is a very, very rough rule of thumb, just to get you in the ballpark. In the overpressured Meramec, I’ve seen 5x for a 1/4 royalty, but as low as only 2.5x at times in the Arkoma. At a lease price of $6,000/acre, even the difference between 3x and 4x is the difference between $18,000-$24,000 an acre! Huge difference. You can certainly get that figure in some of the best areas of the state, like 16N-9W, or the SCOOP where the Springer is prospective as well as the Woodford and Sycamore, or maybe the N-NW portion of the Merge, or somewhere that a 10-well density test has been approved.
I don’t think 8N-6W has anywhere near the number of new well results to command $24,000/acre…that is, unless you are unleased.
Have you leased your minerals? If so when, and for what royalty? What lease bonus did you get?
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:12pm UTC](https://www.mineralrightsforum.com/t/section-1-8n-6w/26344/5 "2025-01-11T18:12:21Z")